Tuesday, September 30, 2014

Are Diamonds Rare?

A diamond engagement ring must have matching diamonds

There is a YouTube video in circulation, I believe created by a disgruntled suitor that explains how diamonds are not rare. He goes on to say that diamonds are a commodity like any other but controlled by monopolistic companies that hoard them. They only let a certain number of diamonds out into the world each year in order to control the demand. This guy probably believes the CIA killed Kennedy.


If you can't afford diamonds buy cubic zirconia, B. Tiff of New York
Now I’m not saying that these companies that own the diamond mines don’t have a stash in some vault somewhere, I’m just saying there probably is a good reason. I’m sure that there are great variations in the diamonds pulled from a mine each day. Not all the diamonds are of good quality. A diamond that would go into an engagement ring needs to be a certain size, color and clarity in order to make the grade. Not all diamonds come out of the mine ready to be slapped into a setting.


Even though the diamonds are small they match, David Yurman Chelsea Watch
A good quality diamond or diamonds that are used for jewelry have to have some commonality. Even a ring that is pave must have diamonds of the same color and clarity. You wouldn’t tile a floor with tiles from different batches; there would be color variations that are unattractive. Yet there are people who think all diamonds are the same. They believe that a diamond is a diamond and that it is all a grand conspiracy cooked up by the diamond companies.


Pave Diamond Pendant, small but beautiful
Now I’m not saying that there isn’t a lot of overpriced jewelry on the market. Let’s face it; a pair of Chanel earrings gets a much larger price simply based on the brand than an unknown brand with similar quality, weight and size. So basically this guy misses the point. Yes there are a lot of diamonds out there, but a diamond is rare not based on quantity alone and just because the girl he was trying to woo wanted a big expensive diamond isn’t the diamond companies fault, he just picked a girl with expensive taste.
Go for what makes sense financially, Gabrielle Bruni white sapphire or diamonds semi-custom earrings

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